Oman: Surgical Glove Market 2024

Surgical Glove Market Size in Oman

After five years of growth, the Omani surgical glove market decreased by -9.5% to $X in 2022. Overall, consumption, however, posted significant growth. Surgical glove consumption peaked at $X in 2021, and then contracted in the following year.

Surgical Glove Production in Oman

In value terms, surgical glove production skyrocketed to $X in 2022 estimated in export price. Over the period under review, production showed a strong expansion. The most prominent rate of growth was recorded in 2017 when the production volume increased by 280%. Over the period under review, production attained the maximum level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Surgical Glove Exports

Exports from Oman

In 2022, approx. X tons of surgical gloves were exported from Oman; stabilizing at the year before. Overall, exports, however, continue to indicate a resilient increase. The pace of growth was the most pronounced in 2017 when exports increased by 96%. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, surgical glove exports dropped modestly to $X in 2022. In general, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2017 when exports increased by 143% against the previous year. The exports peaked at $X in 2021, and then shrank modestly in the following year.

Exports by Country

Saudi Arabia (X tons) was the main destination for surgical glove exports from Oman, with a 59% share of total exports. Moreover, surgical glove exports to Saudi Arabia exceeded the volume sent to the second major destination, Qatar (X tons), fourfold. Kuwait (X tons) ranked third in terms of total exports with a 7.6% share.

From 2012 to 2022, the average annual growth rate of volume to Saudi Arabia stood at +38.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Qatar (+42.2% per year) and Kuwait (+33.7% per year).

In value terms, Saudi Arabia ($X) remains the key foreign market for surgical gloves exports from Oman, comprising 63% of total exports. The second position in the ranking was taken by Qatar ($X), with a 14% share of total exports. It was followed by Kuwait, with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Saudi Arabia totaled +37.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Qatar (+39.2% per year) and Kuwait (+40.2% per year).

Export Prices by Country

The average surgical glove export price stood at $X per ton in 2022, approximately reflecting the previous year. In general, export price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, surgical glove export price increased by +106.6% against 2016 indices. The pace of growth appeared the most rapid in 2019 when the average export price increased by 26% against the previous year. The export price peaked at $X per ton in 2021, and then reduced in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Kuwait ($X per ton), while the average price for exports to Bahrain ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+21.5%), while the prices for the other major destinations experienced more modest paces of growth.

Surgical Glove Imports

Imports into Oman

In 2022, surgical glove imports into Oman fell notably to X tons, declining by -34.9% on the previous year. In general, imports, however, recorded significant growth. The pace of growth was the most pronounced in 2013 when imports increased by 311%. Over the period under review, imports reached the maximum at X tons in 2021, and then fell significantly in the following year.

In value terms, surgical glove imports reduced remarkably to $X in 2022. Overall, imports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2013 with an increase of 355%. Imports peaked at $X in 2021, and then shrank significantly in the following year.

Imports by Country

Malaysia (X tons), the United Arab Emirates (X tons) and Pakistan (X tons) were the main suppliers of surgical glove imports to Oman, together accounting for 79% of total imports.

From 2012 to 2022, the biggest increases were recorded for Pakistan (with a CAGR of +99.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest surgical glove suppliers to Oman were Malaysia ($X), the United Arab Emirates ($X) and India ($X), with a combined 88% share of total imports. China, Pakistan, Indonesia, Singapore and Sri Lanka lagged somewhat behind, together comprising a further 10%.

China, with a CAGR of +71.7%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average surgical glove import price stood at $X per ton in 2022, dropping by -2.3% against the previous year. Overall, import price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, surgical glove import price increased by +96.4% against 2016 indices. The growth pace was the most rapid in 2021 an increase of 43% against the previous year. As a result, import price reached the peak level of $X per ton, and then contracted slightly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($X per ton), while the price for Singapore ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+12.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :